taxform

Why go after only capital gains. Because they are the instrument that Republicans widely use. If fair share is what Obama is truly after, i know plenty of Democrats who structure the assetts in triple free tax municipal bonds. Obama is not mentioning them because they are mostly democrats but they pay less (if not 0%) then people who earn a income. Not to mention Roth IRA which are always tax free.

Obama is making a play on class envy but not closing all the loopholes. He is only going against the demographics that specifically are republicans (capital gain income)The buffett rule. If he was truly for fairness he would go against tax free municipal bonds, Roth IRA's and start a national sales tax. (Wealthy people can buy gold coins,jewelry,houses and other items and sell them without declaring capital gains) This is strickly a pull out the base GOTV effect, not being a President for all the people.Not to mention the 50% of americans that pay no federal income tax.

Look the democrats claim they want the rich to pay their fair share (Buffet rule on millioniares) but they are leaving out a tax break which liberals use regularly, tax free municipal bonds. I dont care what the tax rate if i am a millionaire and i have all my money in muni bonds because i am paying nothing.

How the Advance plays politics in a headline. Obama seeks middle class tax extension, Not Obama seeks Bush tax cuts extension. Why is it a middle class tax extension when Obama wants it but is demonized when Bush passed it.

The Romney superpac should use this to their advantage. Send out mailing to the black communities in swing states stating Obama is giving jobs to illegals over them. Play up his Kenyan roots and that these communities have 20% unemployment and that this is who he is helping. There is already a huge resentment between "native" blacks and carribean blacks in New York. If they push down turnout by blacks 5% it is over.

If there is no substance to the allegations the Justice Dept will wait until after the election to keep it as a campaign issue. If there is any substance it will depend on Mr. Murphy's standing in the polls and money raised. $170,000 is not much for a house race and this race is not even in the top 25 races to watch in realclearpolitics list. The justice dept will let Mr Grimm win and wait to the next cycle with Mr McMahon on the ticket.

I am interested in the 14th amendment clause about equal protection and the states having to recognize each other marriage. In the southern states not allowing blacks and whites to marry it was clear descrimination. The definition of a marriage is a man and woman. For example what if a state allows a tank to be registered as a car. Should it be respected by the other states. A word has meaning, if you allow to be redefined than anything can be allowed. Can i marry my child to avoid inheritance taxes? Who is the state to define my marriage, i love my child and will do anything for my child but i just dont have sex with my child. Why cant i marry my son or daughter for health benefits?
The slippery slope can destroy society.

to genx123 Where do you think the pension contributions are invested? I have news for you they are invested in Wall Street. The bear market that you fear somewhat caused the pension shortfalls in the first place. The other problem that has caused the shortfall is public workers going out on 3/4 disability and overtime padding. (sometimes at the same time.) A 401k type does not solve the uncertainty that exists in all investments but it solve the too big to fail problem. Right now everyone who has a pension has a liability of everybody failing if costs continue to exceed incoming payments. A 401k will guarantee that if it fails the only person at fault would be the owner of the 401k. Nothing stops a 401k owner from placing all of the assetts into guaranteed vehicles. (bonds treasury bills saving accounts).

We need a flat tax system with no Earned Income Tax Credit. For next year i am going to declare $110,000 AGI (Adjusted Gross Income) and pay no federal taxes. This is my third year in the last six that this has happened (although at lower income levels about $70,000) We all need to have skin in the game or federal spending will continue to sky rocket because there will be no liability to the voter.

Kudos to Nicole, The job of a member of the assembly is two fold. 1. to serve the constituents and bring home the bacon. For too long that is all that a politician looked to do. the other job is to oversee agencies and find ways to make them work better and point out waste and or fraud. Too many politicians refuse to do this because the agency becomes an enemy and that hurts the bringing home the bacon or worse serving a constituent who has a problem with that agency. How dare an agency or governor not come prepared to state where our money is going. This is stating to sound like the slush fund that the council had with fake community groups.

We have 5% of the population yet 20% of the registered cars in the city of new york.(not counting those that illegally register out of state). We rely and depend on our car, yet the city is pushing valuable road space for bike lanes. Force the bikes on the sidewalks, this would save space and lives.

I don't know who is currently getting his pension, but if it is a current wife she can divorce him and claim alimony. This can be drawn out for years in the court. My advise to the Kane family let it go, the anger you are wasting on this person is not worth it.

to newbright: Also what is wrong with maliable. My wife is a teacher and her co-workers complain about every directive that comes from the principal. She is the boss, you don't get to set the rules on what bulletin board to put up or when it is to be put up. Or what technique you use whether it is balanced literacy or whole language. The boss sets the agenda and you must follow and learn. Too many teachers are set in their ways and think just because they set the rules in their classroom they are above change or inprovements.

to newbright: Taking out the economic reasons to fire a teacher. Let's assume we have a bad teacher, what should be the process to evaluate and remove a bad teacher. According to the UFT the principal can not evaluate objectively because they are only interested in nepotism or budget consideration. State tests can not be used because the children come from a background that doom them to failure. So what do we use to remove an agreed upon bad teacher.